Physical AI startup Bedrock Robotics has raised $600 million at a $4.1 billion post-money valuation in a Series C funding round co-led by Alphabet's CapitalG and Emergence Capital.
New investors U.S. Innovative Technology Fund (USIT), Bessemer Venture Partners, and Temasek also participated in the round, alongside existing investors 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital, and Nvidia, among others, Bedrock announced on Monday.
The round brings Bedrock's total funding to nearly $1 billion. The company said it plans to use the fresh capital to accelerate the volume of Bedrock-equipped machines across U.S. commercial construction sites.
Founded in 2024, Bedrock Robotics builds autonomous systems for heavy equipment, saying it can help contractors put equipment to work more safely, predictably, and at greater capacity. Bedrock said it has already deployed fully autonomous excavators performing paid work on live commercial job sites since mid-August this year.
"We have proven that fully autonomous excavators can perform real work of value alongside the crews and workflows already in place on job sites. The next challenge is delivering that capability to more contractors as a dependable part of how projects get built," Bedrock Robotics co-founder and CEO Boris Sofman said. “This funding allows us to expand deployments, strengthen the field operations behind every machine, and work with more partners as they integrate intelligent systems into everyday work."
Contractors turning to AI-powered automation
Bedrock cited estimates that employers will need to fill approximately 1.7 million openings each year to support growth and to replace workers who retire, move into other occupations, or leave the field by 2035, with contractors turning to AI-powered automation to fill the gap.
The firm said it has more than doubled its total customer volume since 2025, citing its latest partner, Arizona-based contractor Haydon, which is deploying the technology at a site in Texas as an example where crews are leveraging Bedrock's system for fully autonomous earthwork, alongside customers in Minnesota, Virginia, Missouri, Georgia, and Arkansas.
"For us, the biggest win is a safer, more predictable job site," Haydon CEO and Chair Katie Haydon said. "As an employee-owned company, our people are at the heart of everything we do."
Haydon said Bedrock's technology could help crews take on more work without adding to their workload, while allowing employees to get more done during their shifts and spend more time with their families.
To support its growth, Bedrock also said Monday that it has expanded its leadership team with the appointment of Amy Jones Satrom as Vice President of Operations and Lando Juarez as General Counsel.
Satrom brings experience with complex physical systems at Amazon, Nuro, and Uber, while Juarez previously served as Head of Legal for Uber's autonomous mobility and delivery business.